This week’s winning season again saw some incredible feats from the top three cloud providers.
Microsoft Azure sales rose 50% annually, Google Cloud rose 46% over the same period and the market leader Amazon Web Services saw sales jump 32% over the previous year $ 54 billion Annual business only 15 years after its introduction.
The performances highlight the significant shift to the cloud that is taking place around the world. Hyperscale cloud providers continue to benefit from the structural changes in most industries, where cloud computing has been instrumental in helping companies transform operations, save money, and manage shifts in customer demand over the past year .
There is also little evidence that this demand is easing. According to survey data from CCS Insight, 65% of organizations are increasing their IT budgets for the next 12 months, with more than half …